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Member News
Member News
18
Dec
The European General Product Safety Regulation (EU) 2023/988 ("GPSR") is applicable since 13 December 2024. It applies to all types of non-food consumer products. The regulation acts as a sort of safety net for gaps in consumer protection in product-related harmonisation legislation. Economic operators must comply with numerous new requirements for handling digital product information, e-commerce, marketplace regulation and recall management. For products that are not harmonised at European level, it also comprehensively determines the requirements for product safety.
The...
18
Dec
It's no secret that the outlook among professionals in the commercial real estate industry is brighter today than it was a year ago. Lenders are more readily lending: Banks are back in the game, CMBS bond spreads have tightened, issuance volumes are higher than they've been since the Global Financial Crisis, investor interest has increased, and the prognosis for property fundamentals has markedly improved.
That's not to say that everything will be smooth sailing over the next 12 months. We're...
17
Dec
Tariffs and trade disruptions dominated headlines in 2025. European firms rely heavily on global trade – it represents about half of EU output. Despite that, European businesses are not radically overhauling their globalised approach. Instead, they are investing to make their supply chains more efficient and resilient.
US firms are a different story. While they rely less on global trade (it represents roughly one-quarter of output), new tariffs caused them to reduce imports and diversify the countries they import from....
17
Dec
On December 11, 2025, the White House issued an Executive Order (EO), “Ensuring a National Policy Framework for Artificial Intelligence,” that establishes a new federal policy on artificial intelligence (AI). The EO states that it is “the policy of the United States to sustain and enhance the United States’ global AI dominance through a minimally burdensome national policy framework for AI.” The EO asserts that leadership in AI is critical to U.S. national and economic security and dominance and...
17
Dec
€39 million EIB loan under the Global Gateway Initiative for the expansion of a landmark renewable energy project
The new wind turbines and battery system inaugurated today are part of the wind farm expansion, which is expected to generate 30% of the country’s electricity
The investment will reduce the country’s dependence on imported fossil fuels and strengthen energy security
Today, new wind turbines and a battery system were inaugurated in Cabo Verde, thanks to additional financing of more than...
16
Dec
Highlights
The Trump Administration is seeking to create a uniform federal policy to promote the development of artificial intelligence.
State laws that conflict with this policy may be challenged by the federal government in court or may result in the withholding of federal funding.
For now, companies should assume that state AI and automated decision-making frameworks will move forward on their existing enforcement schedules despite the Order.
“n a race with adversaries for supremacy…United States AI companies must be free...
16
Dec
The Court of International Trade issued a decision today in the pending IEEPA litigation holding that liquidation of an entry will not bar the Court from granting refunds in the event IEEPA Tariffs are found to be unlawful by the U.S. Supreme Court in V.O.S. Selections, Inc. v. Trump, 149 F.4th 1312 (Fed. Cir. 2025), cert. granted, No. 25-250, 2025 WL 2601020 (U.S. Sept. 9, 2025). The decision, Slip Op. 25-154 in AGS Company Automotive Solutions, et al., v. United States, No. 25-00255, concluded...
15
Dec
IPTI’s usual monthly newsletter - the “President’s Message” - contains, inter alia, some summarised news articles from around the world. This IPTI publication - “Property Tax in the News” - contains some of the more interesting news articles concerning property taxes in North America and Europe which is where many of our members have a particular interest. Links to these and more, similarly summarised, articles - from North America, Europe and around the globe - can be found in...
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